CFE-Investigation Certified Fraud Examiner (CFE) - Investigation Question and Answers

Writs down a detailed list of questions in advance

Avoid bringing any notes with him to the interview

Write down key points to go over with the respondent

Take only the documents he wishes to go over

"Has the defendant been previously arrested for allegedly committing a white-collar crime?"

"Does the defendant have sufficient property or money to satisfy a money judgment?"

"Is there a relevant statute of limitations?"

"Is the suspect guilty of the fraudulent act?"

Once a criminal case is filed, all records obtained by the government are considered public records

Nonpublic records cannot be obtained by subpoena or legal order in a civil action

In most junsdictions. banks are allowed to turn over a suspect's account information directly to a fraud victim when there is adequate evidence of wrongdoing.

The government usually will not share nonpublic records with a fraud victim during an investigation into the underlying fraud.

Dust all physical key documents for fingerprints

Establish a document database early in the investigation

Make copies of originals and leave the originals where they were found

Organize all the documents obtained in chronological order

Referring to the informant in the memorandum using the informant's initials

Using information from the informant in his final report

Creating a receipt regarding the cash payment

Compensating the informant with cash

Link analysis is a poor tool to use for investigating a money laundering scheme

Link analysis can be used to map connections between entities that share an address

Link analysis helps identify indirect relationships with several degrees of separation

Link analysis is an effective tool for demonstrating complex networks

Establish the interview theme

Condition the witness.

Establish rapport

Exhibit passive listening.

Before engaging in a search the fraud examine' should know the mod powerful and useful '>Des of searches

If an individual has moved, obtaining a past address is usually of no help

Online records are very useful in locating subjects whose whereabouts are unknown

Obtaining a past address of the subject should be the first step in trying to locate a subject using online records.

To close the interview positively and maintain goodwill

To assess whether the subject is ready to confess

To confirm the credibility of the witness being interviewed

To reduce testimony to a signed, written statement

Move the interview to a room without pictures or wall hangings to prevent distractions

Open the door so that Shannon feels free to leave at any time

Place a table between her and Shannon to create a psychological barrier

All of the above

Duplicate search

Benford's Law analysis

Correlation analysis

Linear regression

Provide the suspect with a list of questions to ensure detailed responses-

Make a list of key points to go over with the respondent.

Develop a list of questions ranked in order of importance.

Memorize a detailed list of questions, but avoid taking a written list to the interview

Terminate the suspected employee.

Delay taking any action.

Investigate during nonbusiness hours.

Disclose the investigation to all employees

In most examinations, fraud examiners should start interviewing the least involved candidates and proceed toward those who are potentially more involved.

When conducting fraud examinations, fraud examiners should start with specific details and move toward more general information.

When conducting fraud examinations, fraud examiners should adhere to the fraud theory approach.

When conducting fraud examinations, fraud examiners should begin with general information that is known and then move to the more specific details.

True

False

Online records companies are difficult to find.

Fraud examiners must validate the accuracy of the records obtained online

The online record might only be a brief abstract of the original.

Fraud examiners often must search for public records in multiple jurisdictions.

Establish the interview theme.

Establish rapport.

Calibrate the witness.

Exhibit passive listening

Online public records searches are limited in the jurisdictions they cover.

Public records database companies are difficult to find.

Online coverage of public records varies widely from jurisdiction to jurisdiction

The timeliness and accuracy of information in online databases must be validated

A fraud examiner does not need to research cultural considerations such as personal space and eye contact.

A fraud examiner should find out whether there are limitations on the use of information obtained during an interview

Failing to observe cultural norms is not a concern if the interviewer is from a different country than the interviewee

Consulting with legal counsel is only necessary when an investigation spans multiple junsdictions

The correlation analysis function

The Join function

The gap testing function

The compliance verification function

The name of the receiving institution's registered agent

The recipient's government identification number

The name of the sender or originator

The sending institution's accreditation type

The suspect's claim will succeed because the investigator used deceit

The suspect's claim will succeed because the investigator lacked probable cause

The suspect's claim will fail because the investigator had adequate predication

The suspect's claim will fail because the investigator is a law enforcement agent